pugwrangler
Jr. Member
- Aug 7, 2013
- 89
- 64
Got this for $20. Said it was a fake. Still think its a cool conversation piece.
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My question would be why? I really don't see any purpose in breaking it out. It's not a valuable coin.
Because in a MS66 holder PCGS price guide is $1800 and at MS65 its $130 you do the math.
That's true but you first have to believe the coin you have is a 66. Only 57 graded as such explains the subjective value. Still, true value is only what someone will actually pay for it. People that break out coins for resummision do so because they believe the grade is wrong, not because they hope it will grade better.
HH
enamel7
Nice coin, but is that a fingerprint above the eagle, will it hold it back?
Something you guys haven't mentioned yet is that PCGS does + grades now. The price guide lists this coin at $400 in 65+. Enamel- if it comes back 65+, he will have no problem turning this coin for a profit. This coin was graded before + grades, and with different eyes. I'm not an expert on Ikes, but I know Morgans & I think this coin has a great chance of going 65+ and a reasonable shot at 66. Even if it doesn't upgrade, they will leave it in the 65 holder as long as you send it in as a reconsideration - don't crack it out. I think you have almost zero downside risk on this one. There are dealers out there that literally make a living on resubmissions alone.